#19 S Robson Walton

Country Of Citizenship: United StatesResidence: Bentonville, Arkansas, United States, North AmericaIndustry: RetailingMarital Status: divorced, 3 children

University of Arkansas, Bachelor of Arts / Science
Columbia University, Doctor of Jurisprudence

Brother of John Walton, who died when his ultralight aircraft crashed in late June. Fortune created by Sam Walton (d. 1992), J.C. Penney clerk who opened first discount store in Rogers, Ark. 1962. Took Wal-Mart public 1970. Spectacular growth since, but stock lately softening on shrinking profits. Wal-Mart still world's largest retailer: more than 5,100 stores serving 138 million customers per week. Sales: $285 billion. Family controls 40% of Wal-Mart. Rob serves as chairman; other siblings not active in company. Philanthropic giving through the Walton Family Foundation.